City Holding Co. Sells 152 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

City Holding Co. reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,742 shares of the company’s stock after selling 152 shares during the period. City Holding Co.’s holdings in SPDR S&P Dividend ETF were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SDY. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF in the third quarter worth approximately $32,000. Assetmark Inc. raised its stake in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after buying an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its holdings in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $41,000.

SPDR S&P Dividend ETF Trading Up 0.5 %

SDY opened at $133.77 on Tuesday. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a fifty day moving average price of $136.76 and a 200-day moving average price of $137.08.

SPDR S&P Dividend ETF Profile

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.